China Overseas Land & Investment Limited Announces Strong Property Sales and New Land Holdings for First Five Months of 2026
Key Highlights
- Significant Year-on-Year Growth in Property Sales: For May 2026, the contracted property sales of the China Overseas Series of Companies reached approximately RMB27.291 billion, representing a robust year-on-year increase of 14.4%. The corresponding sales area was around 905,500 square meters, up 10.5% compared to the same period last year.
- Strong Cumulative Performance: From January to May 2026, accumulated contracted property sales amounted to approximately RMB103.002 billion, up 13.9% year-on-year. However, the accumulated sales area declined by 6.0% to about 3,524,700 square meters.
- Substantial Subscribed Sales: As of 31 May 2026, the company recorded subscribed property sales of approximately RMB11.468 billion, which are expected to be converted into contracted sales in the coming months—potentially enhancing future revenue visibility.
Detailed Breakdown of Property Sales
| Entity | Contracted Sales (RMB’00 million) | Sales Area (‘0000 sq.m.) |
|---|---|---|
| The Company and its subsidiaries | 198.58 | 54.46 |
| Joint ventures and associates (excluding COGO) | 36.21 | 3.71 |
| China Overseas Grand Oceans Group Limited (“COGO”) | 38.12 | 32.37 |
| Total | 272.91 | 90.55 |
New Land Holdings Update
- Strategic Land Acquisitions: In May 2026, the Group acquired two new land parcels in Zhuhai and Suzhou, with an attributable gross floor area (GFA) of approximately 110,843 square meters and an attributable land premium of about RMB2,494 million. These acquisitions are significant for future development and portfolio expansion.
- Year-to-Date Land Acquisitions: From January to May 2026, the Group’s aggregate attributable GFA from new land holdings reached approximately 744,770 square meters, with a total attributable land premium of about RMB7,662 million.
- No New Land Acquisitions for COGO in May 2026: It is noteworthy that COGO and its subsidiaries did not acquire any new land parcels in May 2026.
Details of Land Acquisitions in May 2026
| No. | City | Project Name | Attributable Interest | Land Area (sq.m.) | Total GFA (sq.m.) | Attributable GFA (sq.m.) | Attributable Land Premium (RMB mn) |
|---|---|---|---|---|---|---|---|
| 1 | Zhuhai (Xiangzhou District) | Xiangzhou District Project | 80% | 27,615.29 | 77,191.09 | 61,752.87 | 805.60 |
| 2 | Suzhou | Industrial Park Project | 100% | 20,414.50 | 49,090.00 | 49,090.00 | 1,688.36 |
| Total | 48,029.79 | 126,281.09 | 110,842.87 | 2,493.96 | |||
Other Noteworthy Information for Shareholders
- Exclusion of Hong Kong Acquisition: The notable Kam Sheung Road Station Phase Two Property Development Project in Hong Kong, acquired in April 2026 (with a maximum residential GFA of ~71,338 sq.m. and maximum commercial GFA of ~40,750 sq.m.), is excluded from the above figures as it is a cooperative project.
- Data Source and Reliability: All operating data are based on internal management records and have not been audited or reviewed by external auditors. Final figures may differ in future audited or unaudited financial statements.
- Investment Advice: The company explicitly states that this announcement is for information only and does not constitute investment advice or an offer to buy/sell any securities. Investors are strongly advised to exercise caution and consult professional advisers before making investment decisions.
Potential Impact on Share Price
The company’s strong growth in contracted property sales and continued strategic land acquisitions are positive indicators of ongoing business expansion and future revenue potential. The high level of subscribed sales suggests a robust sales pipeline, which may support future financial performance and could potentially impact share value positively. However, the decline in accumulated sales area and the absence of new land acquisitions by COGO in May 2026 should also be considered by investors. Market participants may view the overall performance as encouraging, but should remain mindful of broader sector risks and volatility.
Disclaimer
The above article is for informational purposes only and does not constitute investment advice or an offer to buy or sell any securities. The data presented is based on unaudited internal records and may differ from audited financial statements. Investors should consult their professional advisers and exercise caution when making investment decisions.
中國海外發展有限公司公布2026年前五個月物業銷售及土地收購強勁
重點摘要
- 物業銷售按年大幅增長：2026年5月，中海外系列公司合約物業銷售約為人民幣272.91億元，同比增長14.4%，銷售面積約為90.55萬平方米，同比增長10.5%。
- 累計業績亮眼：2026年1月至5月，累計合約物業銷售約為人民幣1,030.02億元，同比增長13.9%，但累計銷售面積則按年減少6.0%至約352.47萬平方米。
- 認購銷售強勁：截至2026年5月31日，中海外錄得認購物業銷售約為人民幣114.68億元，預計未來數月將轉化為合約銷售，為未來收入提供保障。
物業銷售明細
| 單位 | 合約銷售額（人民幣億元） | 銷售面積（萬平方米） |
|---|---|---|
| 公司及附屬公司 | 198.58 | 54.46 |
| 聯營及合營企業（不含中海宏洋） | 36.21 | 3.71 |
| 中國海外宏洋集團（COGO） | 38.12 | 32.37 |
| 總計 | 272.91 | 90.55 |
新土地收購進展
- 策略性土地收購：2026年5月，集團於珠海及蘇州分別收購兩幅地塊，可建樓面面積約11.08萬平方米，應佔土地成本約人民幣24.94億元，為未來項目發展及資產組合擴展提供動力。
- 年初至今土地收購：2026年1月至5月，集團新增土地應佔總樓面面積約74.48萬平方米，土地成本約76.62億元。
- 中海宏洋5月無新增土地收購：值得留意的是，2026年5月中海宏洋及其子公司無新土地收購。
2026年5月新土地收購詳情
| 編號 | 城市 | 項目名稱 | 應佔權益 | 土地面積（平方米） | 總建築面積（平方米） | 應佔建築面積（平方米） | 應佔土地成本（人民幣百萬元） |
|---|---|---|---|---|---|---|---|
| 1 | 珠海（香洲區） | 香洲區項目 | 80% | 27,615.29 | 77,191.09 | 61,752.87 | 805.60 |
| 2 | 蘇州 | 工業園區項目 | 100% | 20,414.50 | 49,090.00 | 49,090.00 | 1,688.36 |
| 合計 | 48,029.79 | 126,281.09 | 110,842.87 | 2,493.96 | |||
其他重要事項
- 不包括香港地塊：2026年4月購入之香港元朗錦上路站第二期物業發展項目（住宅樓面約7.13萬平方米、商業約4.08萬平方米）不包括在內，該項目以合作形式發展。
- 數據來源及可靠性：所有數據均來自內部管理記錄，未經外部審核或審閱，最終財務報表數據或有出入。
- 投資建議聲明：公司聲明本公告僅供參考，並不構成任何投資建議或邀約。投資者應審慎行事並諮詢專業顧問。
對股價潛在影響
公司合約物業銷售顯著增長及積極的土地收購，有利於未來持續發展及業績增長。強勁的認購銷售亦反映出現金流及收入前景理想，有助穩定市場信心及支持公司估值。然而，累計銷售面積下跌及中海宏洋缺乏新土地收購亦需留意。市場可能整體正面看待，但投資者仍需關注地產行業風險及波動。
免責聲明
以上內容僅供參考，並不構成投資建議或邀約。數據未經審計，最終以公司公告及財報為準。投資者應審慎行事及諮詢專業顧問。
